Results 61 to 70 of about 3,611,343 (195)
On the Asymptotic Uniqueness of Bargaining Equilibria [PDF]
This note reexamines the connection between the asymmetric Nash bargaining solution and the equilibria of strategic bargaining games. Several papers in the literature obtain the asymmetric Nash bargaining solution as the unique limit of subgame perfect ...
Herings P. Jean-Jacques +1 more
core +2 more sources
Strategic Stake Acquisitions in Rival Firms: Common vs. Cross‐Ownership
The Journal of Industrial Economics, EarlyView.ABSTRACT We study how a blockholder who controls a firm should acquire a minority stake in a rival: directly, creating common ownership, or indirectly through the controlled firm, creating cross‐ownership. Common ownership generates stronger internalization of competitive externalities and allows the blockholder to capture the resulting gains without ...
Vincenzo Denicolò, Fausto Panunzi
wiley +1 more source
Proportional Nash solutions - A new and procedural analysis of nonconvex bargaining problems [PDF]
This paper studies the Nash solution to nonconvex bargaining problems. The Nash solution in such a context is typically multi-valued. We introduce a procedure to exclude some options recommended by the Nash solution. The procedure is based on the idea of
Yoshihara, Naoki, Xu, Yongsheng
core
Service selection approach for enhancing trustworthiness of Web service
Tongxin xuebao, 2011 Making use of the game theory,a model of service selection based on Nash bargaining solution was build,and an approach for enhancing Web service trustworthiness was proposed.A bargaining algorithm is designed between ser-vice sides of both complete ...
ZHAO Sheng-hui1 +3 more
doaj +2 more sources
Privatization Under Political Ties
The Journal of Industrial Economics, EarlyView.ABSTRACT I study a product differentiation model with endogenous entry where a politically connected public firm competes with a private one. Consumers are heterogeneous in their willingness to pay. I argue that—because of political ties—the public firm may mimic the preferences of the consumer with the median willingness to pay.
Matteo Broso
wiley +1 more source
Nash Demand Game and the Kalai-Smorodinsky Solution [PDF]
We introduce two new variations on the Nash demand game. One, like all known Nash-like demand games so far, has the Nash solution outcome as its equilibrium outcome.
John Boyd, Nejat Anbarci
core
IEEE Access, 2019 In this paper, a new generalized Nash bargaining framework is proposed for joint channel and power allocation in device-to-device (D2D) communication underlying cellular networks.
Gang Wang, Tanhui Liu, Chenguang Zhao
doaj +1 more source
Contingent capital: A tale of two valuations
Journal of Risk and Insurance, EarlyView.Abstract This study investigates the valuation gap between buyers and sellers of insurers' contingent capital, driven by asymmetric exposures to tax benefits, capital injections, and bankruptcy costs. We develop a novel Twin‐Tree Model with Jumps (TTMJ) that models the insurer's asset value dynamics by incorporating catastrophe risk, insolvency risk ...
Tian‐Shyr Dai +3 more
wiley +1 more source
A theory of unstructured bargaining using distribution-valued solution concepts [PDF]
In experiments it is typically found that many joint utility outcomes arise in any given unstructured bargaining game. This suggests using a positive unstructured bargaining concept that maps a bargaining game to a probability distribution over outcomes ...
David H. Wolpert, James Bono
core
A distributed algorithm for wireless resource allocation using coalitions and the Nash bargaining solution [PDF]
, 2011 In this paper a distributed, low-complexity, fast and fair resource allocation algorithm for a multiuser, wireless LTE OFDMA channel is proposed. Based on the game theoretic concept of the Nash Bargaining Solution and by grouping users into coalitions of
Vatsikas, S +3 more
core +1 more source